Automobile Production Of The Automobile Industry

1415 Words Dec 13th, 2016 6 Pages
Currently, automobile production sits atop the pillars of the worlds industrial areas. Auto producers occupy four of the five biggest manufacturing organizations in the globe. Worldwide sales of automobiles equate to around $2 billion. In 2012, more than 80 million automobiles were produced and sold throughout the world, annually, to add to more than 1 billion automobiles in operation throughout the world. These figures highlight how essential automobiles have become in our lives. Automobiles are a vital part of the world and, more importantly, the economy. Automobiles funnel merchandise and people to locations throughout the world. Businesses lean on automobiles to ensure they are successful. Adjunct and allied sectors of the economy are deeply enmeshed and would have a reduced efficiency if they relied on other methods of transportation other than automobiles. Essentially, the automobile industry is a vital cog in the machine that is the global economy. The automobile industry spearheaded numerous important developments since its inception-such as diplomatic progress, manufacturing processes-sales improvements-such as product marketing and business financing. No stranger to innovation, the automobile industry has led via international business strategy while refining manufacturing. Individuals and communities located around the world have embraced automobiles as they have evolved, thus resulting in greater numbers being produced. Automobiles have morphed from boxy and…

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